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Vito Corleone will loan you money on a five - for - six arrangement; i . e . , for every $ 5 he gives

Vito Corleone will loan you money on a "five-for-six" arrangement; i.e., for every $5 he gives you today, you give him $6 one week from now. What is the APR of this loan?
a.
410%
b.
1,040%
c.
540%
d.
860%
e.
1,310%

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